If my memory is correct, he was calling for Dow 40,000 back in
the 90s. I think he has flopped twice since then. It
goes to show, "If you are going to prognosticate, prognosticate
often".
I beleive somebody here alerted us to a great article about
Europe back in November. We lost our five institutions that
were levered at 30:1. Bank of England and Deutche Bank are
levered at 50:1. The US exposure to emerging market soveriegn
debt is 500 bn, Europe is at 3.5 trillion. The second shoe to
drop in this drecession may be overseas. I make no claim to
the validity of these numbers as I never let the facts stand in the
way of a good story.
It’s 2 P.M. in New York, Time to Buy
Stocks: Technical Analysis
By Jeff Kearns
March 26 (Bloomberg) -- U.S. stocks have their best
intraday returnsstarting at 2 p.m. in New York
as institutional money managers begin buying, according to an
analysis by Bespoke Investment Group LLC.
Since September, the
Standard & Poor’s 500 Indexhas on average
risen only during the 2 p.m. and 3 p.m. hours in New York, said
Bespoke, a Harrison, New York-based firm that manages money for
wealthy investors and provides financial research to institutions.
Returns were 0.14 percent between 2 p.m. and 3 p.m., and 0.05
percent from 3 p.m. through the close. The worst performance was
between the previous close and 10 a.m., according to Bespoke.
“This could be a sign that the institutional money has been
doing a lot of buying,” Bespoke co-founder
Justin Walterswrote in a report yesterday.
“It’s a common belief on Wall Street that the institutional money
(smart money) trades at the end of the day, while the individual
money (dumb money) trades at the beginning of the day.”
Individual investors have also spurred the market during the
past two weeks, helping the S&P 500 rally as much as 22 percent
from its 12-year low on March 9, Walters said.
Since that nadir, the best returns have occurred before 10 a.m.,
when the market climbed 0.77 percent from the prior day’s close.
The next best returns have been during the 2 p.m. hour, when stocks
added 0.33 percent, according to Bespoke, founded by Walters and
Paul Hickeyafter they left Westport,
Connecticut- based Birinyi Associates Inc.
Goldman Sachs Group Inc. said in a separate note on March 24
that the S&P 500 had returned a total of 35 percent between 2
p.m. and 4 p.m. since the start of 2008. The benchmark has slipped
a cumulative 54 percent from the open of U.S. exchanges through 2
p.m., according to a note from Goldman’s
Peter Berezinand
Roman Maranets.
If you are a TS user, you can can go to the Tradestation forum
and type in" gapless MA" and find .ELDs that will point you in the
right direction. If you are not a TS user, you can just keep
complianing.
The community is delayed by three days for non registered users.
Direxion 3X bond ETFs
Posted by ralph on 27th of May 2009 at 09:05 am
Don't know if this has been posted, but check out the range on TMV
http://www.etfguide.com/news/534/Direxion-Debuts-4-Leveraged-Bond-ETFs/
Hokey Smoke Bullwinkle!
Ralph
Never let the facts stand
Posted by ralph on 29th of Apr 2009 at 02:20 pm
Never let the facts stand in the way of a good story! Dow 40,000 by 2009
Dent
Posted by ralph on 29th of Apr 2009 at 02:10 pm
If my memory is correct, he was calling for Dow 40,000 back in the 90s. I think he has flopped twice since then. It goes to show, "If you are going to prognosticate, prognosticate often".
Ralph
Thank You
Latest
Posted by ralph on 29th of Apr 2009 at 12:42 pm
It's great looking over your shoulder!
Regards,
Ralph
ravun
ravun
Posted by ralph on 21st of Apr 2009 at 10:20 am
Lotta brainpower on this site. Count me in.
Ralph
Leverage
Failure to save East Europe will lead to worldwide meltdown
Posted by ralph on 15th of Apr 2009 at 02:58 pm
I beleive somebody here alerted us to a great article about Europe back in November. We lost our five institutions that were levered at 30:1. Bank of England and Deutche Bank are levered at 50:1. The US exposure to emerging market soveriegn debt is 500 bn, Europe is at 3.5 trillion. The second shoe to drop in this drecession may be overseas. I make no claim to the validity of these numbers as I never let the facts stand in the way of a good story.
Ralph
tick chart
Posted by ralph on 14th of Apr 2009 at 11:34 am
Can the tick chart be replicated on the "bestfreecharts" site?
Ralph
tick
TICK 5 min with SPX.png I've been gone all morning to ...
Posted by ralph on 13th of Apr 2009 at 03:00 pm
You can also go to "style" in format and change the MA from line to histogram and also thicken the bars.
Ralph
SRS
9/39 SRS 6min
Posted by ralph on 6th of Apr 2009 at 12:27 pm
HOD
9/39 SRS 6min
Posted by ralph on 6th of Apr 2009 at 12:18 pm
Crossed
I'm hungry
Hey Robin
Posted by ralph on 27th of Mar 2009 at 02:09 pm
I can see a nice white bordeaux or a savignon blanc sitting next to that beautiful dinner WOW, and I'm here, eating a slice of pizza!
Ralph
FWIW
Posted by ralph on 27th of Mar 2009 at 01:56 pm
It’s 2 P.M. in New York, Time to Buy Stocks: Technical Analysis
March 26 (Bloomberg) -- U.S. stocks have their best intraday returnsstarting at 2 p.m. in New York as institutional money managers begin buying, according to an analysis by Bespoke Investment Group LLC.
Since September, the Standard & Poor’s 500 Indexhas on average risen only during the 2 p.m. and 3 p.m. hours in New York, said Bespoke, a Harrison, New York-based firm that manages money for wealthy investors and provides financial research to institutions. Returns were 0.14 percent between 2 p.m. and 3 p.m., and 0.05 percent from 3 p.m. through the close. The worst performance was between the previous close and 10 a.m., according to Bespoke.
“This could be a sign that the institutional money has been doing a lot of buying,” Bespoke co-founder Justin Walterswrote in a report yesterday. “It’s a common belief on Wall Street that the institutional money (smart money) trades at the end of the day, while the individual money (dumb money) trades at the beginning of the day.”
Individual investors have also spurred the market during the past two weeks, helping the S&P 500 rally as much as 22 percent from its 12-year low on March 9, Walters said.
Since that nadir, the best returns have occurred before 10 a.m., when the market climbed 0.77 percent from the prior day’s close. The next best returns have been during the 2 p.m. hour, when stocks added 0.33 percent, according to Bespoke, founded by Walters and Paul Hickeyafter they left Westport, Connecticut- based Birinyi Associates Inc.
Goldman Sachs Group Inc. said in a separate note on March 24 that the S&P 500 had returned a total of 35 percent between 2 p.m. and 4 p.m. since the start of 2008. The benchmark has slipped a cumulative 54 percent from the open of U.S. exchanges through 2 p.m., according to a note from Goldman’s Peter Berezinand Roman Maranets.
Tough Market
Posted by ralph on 26th of Mar 2009 at 02:50 pm
Did you ever feel like a fire hydrant and all your stocks were dogs?
Kudlow
Posted by ralph on 26th of Mar 2009 at 11:14 am
Even with the sound off, he annoys me.
Ralph
Thanks, Cmon' folks, turn up the
UNG
Posted by ralph on 26th of Mar 2009 at 11:12 am
Thanks,
Cmon' folks, turn up the thermostat!
Ralph
UNG
Posted by ralph on 26th of Mar 2009 at 10:40 am
Was away from the monitor. What happened?
Ralph
Art Cashin
Posted by ralph on 23rd of Mar 2009 at 11:20 am
Art Cashin (who I respect) on CNBC mentioned the 800 level on the S&P as make or break. Let's see what happens.
Ralph
Dodgerdog
Posted by ralph on 13th of Mar 2009 at 11:40 am
Dodgerdog- Thanks for the .PNG charts.
Ralph
drsadapt
since a few of you asked, here's some examples of ...
Posted by ralph on 10th of Mar 2009 at 02:12 pm
If you are a TS user, you can can go to the Tradestation forum and type in" gapless MA" and find .ELDs that will point you in the right direction. If you are not a TS user, you can just keep complianing.
Ralph
Mine is "Nobody goes to
Bang!!
Posted by ralph on 6th of Mar 2009 at 11:44 am
Mine is "Nobody goes to that restaurant anymore, it's too crowded." -Yogi
Ralph